BAE chairman named in 'slush fund' files

BAE chairman named in 'slush fund' files

David Leigh and Rob Evans
Wednesday May 5, 2004
The Guardian

<snip>

Sir Dick Evans, the retiring chairman of BAE who faces his his final shareholders meeting today, has been named in allegations concerning the arms firm's £60m "slush fund", according to documents seen by the Guardian.

His name is referred to in a number of alleged phone calls, emails and meetings. The slush fund allegations are under investigation by Ministry of Defence police.

Sir Dick, who also faces questioning on arms procurement by MPs on the Commons defence committee this afternoon, remained silent yesterday in the face of the allegations about him.

Documents previously seized by MoD police detail £17m of alleged payments to a Saudi responsible for arms purchases from Britain, Prince Turki bin Nasser.
<snip>
More:
http://www.guardian.co.uk/armstrade/story/0,10674,1209753,00.html

Evans is a great chum of Carlyle men John Major and Pres. George Bush 1. Hardly surprising headline.


Reported yesterday on DU:

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=104&topic_id=1525678